Terms of the Private Placement Warrants. (i) The Private Placement Warrants are substantially identical to the Warrants included in the units to be offered in the Public Offering except that (a) the Private Placement Warrants will not, except in limited circumstances, be transferable or salable until 30 days after the completion of the Company’s initial business combination (the “Business Combination”) so long as they are held by the Purchaser or its permitted transferees, and (b) the Private Placement Warrants are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after the expiration of the lockup described above in clause (a) and they are registered pursuant to the Registration Rights Agreement (as defined below) or an exemption from registration is available, and the restrictions described above in clause (a) have expired, and (c) each Private Placement Warrant shall have the terms set forth for private placement warrants in a Warrant Agreement to be entered into by the Company and a warrant agent in connection with the Public Offering (the “Warrant Agreement”).
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Samples: Private Placement Warrants Purchase Agreement (Future Health ESG Corp.), Private Placement Warrants Purchase Agreement (Future Health ESG Corp.), Private Placement Warrants Purchase Agreement (Future Health ESG Corp.)
